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Supply Chain Management

Supply chain planning is the set of supply chain activities that focus on evaluating demand for material and capacity and formulate plans and schedules based on meeting that demand and company goals. System functions often involved in the planning cycle include MPS, MRP, Rough Cut Capacity, CRP, DRP and Advanced Planning and Scheduling (APS). In the majority of cases, each of these activities requires an accurate and reliable forecast in order to effectively manage supply and demand.

 

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